During our Spring Car Loan Sale, now through June 30, 2019, you can earn up to $500 in rebates when you purchase a new or used car or refinance an existing auto loan from another lender. Here’s how your rebate can stack up:
- Earn up to $200 when you finance or refinance a car (based on loan amount)
- Earn $100 when you buy a new or used car through New Cars Inc.
- Earn $100 when you elect GAP coverage
- Earn $100 when Mechanical Breakdown Protection is purchased
TOTAL POSSIBLE REBATES: $500
What Are GAP & MBP?
GAP is a voluntary, non-insurance program offered as supplemental protection on a vehicle that is financed. If you are unfortunate enough to get into an accident and the vehicle is considered a total loss, GAP waives the difference between the insurance settlement and the payoff of your loan. At E-Central, our GAP coverage pricing is significantly less than what a dealer may charge. Plus, we offer GAP Advantage, which provides you an enhanced benefit of a $1,000 credit towards the financing of a replacement vehicle if financed with the same financial institution.
MBP is similar to an extended warranty offered by a car dealer, but much more affordable. It covers mechanical breakdowns that either occur after your factory warranty expires or aren’t covered by that original warranty.